How Newfoundland and Labrador Auto Insurance Rates Are Regulated
Private automobile insurers file rates with the Newfoundland and Labrador Board of Commissioners of Public Utilities. The Board reviews filings under the Automobile Insurance Act and publishes orders and annual market reporting.
What to know
Confirm the current provincial rule, PUB order or policy wording before applying this point to a personal situation.
Confirm the current provincial rule, PUB order or policy wording before applying this point to a personal situation.
Confirm the current provincial rule, PUB order or policy wording before applying this point to a personal situation.
Confirm the current provincial rule, PUB order or policy wording before applying this point to a personal situation.
A regulator-wide filing statistic is not your renewal
The Board's +2% private-passenger figure summarizes approved average rate-level movement across filing types during the reporting year. It does not mean every driver renewed at +2%, and it should never be presented as a personal quote.
Insurer orders are more useful than made-up provincial averages
PUB orders can show the insurer, filing type, approved changes and effective dates. That makes insurer-specific regulatory tracking possible without averaging unrelated companies into a fictional provincial renewal percentage.
Three-year full filings are only one part of the system
Current legislation also allows optional filings between full filings and an expedited mechanism within specified thresholds. Canada Rate Lab labels the filing type before describing what a decision means.
Verify the current Newfoundland and Labrador rule
Insurance legislation, Board-approved rates and policy wording can change. Use the primary source below when making a purchase, renewal or claim decision.
Newfoundland and Labrador PUB — 2024–25 Annual Automobile Insurance Report →